North Dividends Paid vs Investments Analysis

NAR Stock  CAD 0.13  0.01  7.14%   
North Arrow financial indicator trend analysis is infinitely more than just investigating North Arrow Minerals recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether North Arrow Minerals is a good investment. Please check the relationship between North Arrow Dividends Paid and its Investments accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in North Arrow Minerals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Dividends Paid vs Investments

Dividends Paid vs Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of North Arrow Minerals Dividends Paid account and Investments. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between North Arrow's Dividends Paid and Investments is 0.41. Overlapping area represents the amount of variation of Dividends Paid that can explain the historical movement of Investments in the same time period over historical financial statements of North Arrow Minerals, assuming nothing else is changed. The correlation between historical values of North Arrow's Dividends Paid and Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividends Paid of North Arrow Minerals are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Dividends Paid i.e., North Arrow's Dividends Paid and Investments go up and down completely randomly.

Correlation Coefficient

0.41
Relationship DirectionPositive 
Relationship StrengthWeak

Dividends Paid

The total amount of dividends that a company has paid out to its shareholders over a specific period.

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.
Most indicators from North Arrow's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into North Arrow Minerals current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in North Arrow Minerals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Issuance Of Capital Stock is likely to climb to about 2.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 815.2 K in 2024.
 2021 2022 2023 2024 (projected)
Other Operating Expenses841.3K822.3K1.4M1.0M
Depreciation And Amortization50.5K43.7K42.0K24.7K

North Arrow fundamental ratios Correlations

0.480.641.00.95-0.010.350.010.950.010.180.71-0.460.410.02-0.78-0.23-0.450.360.690.770.88-0.330.070.73-0.5
0.480.840.440.530.23-0.17-0.190.52-0.19-0.230.4-0.080.78-0.2-0.37-0.460.19-0.070.650.530.56-0.540.080.65-0.62
0.640.840.580.650.170.24-0.120.65-0.120.040.63-0.160.89-0.12-0.64-0.440.17-0.230.590.720.65-0.67-0.180.63-0.83
1.00.440.580.94-0.030.350.020.940.030.180.69-0.50.340.04-0.76-0.2-0.50.40.670.740.86-0.290.090.71-0.45
0.950.530.650.940.310.2-0.321.0-0.310.10.74-0.370.46-0.3-0.8-0.39-0.290.440.760.860.97-0.360.110.8-0.56
-0.010.230.17-0.030.31-0.38-0.990.31-0.99-0.180.340.30.3-0.99-0.29-0.540.480.20.340.460.45-0.250.080.38-0.37
0.35-0.170.240.350.2-0.380.380.20.380.670.22-0.30.10.39-0.350.23-0.4-0.16-0.070.140.120.06-0.460.0-0.1
0.01-0.19-0.120.02-0.32-0.990.38-0.321.00.18-0.3-0.22-0.211.00.240.52-0.41-0.26-0.32-0.43-0.450.18-0.12-0.370.3
0.950.520.650.941.00.310.2-0.32-0.310.10.75-0.360.46-0.3-0.8-0.39-0.290.430.760.860.97-0.360.110.8-0.57
0.01-0.19-0.120.03-0.31-0.990.381.0-0.310.18-0.3-0.22-0.221.00.240.52-0.43-0.24-0.32-0.43-0.440.2-0.11-0.360.31
0.18-0.230.040.180.1-0.180.670.180.10.180.110.00.040.2-0.170.29-0.27-0.16-0.17-0.050.050.11-0.25-0.120.17
0.710.40.630.690.740.340.22-0.30.75-0.30.11-0.190.52-0.3-0.91-0.430.010.010.70.920.84-0.67-0.080.79-0.82
-0.46-0.08-0.16-0.5-0.370.3-0.3-0.22-0.36-0.220.0-0.190.3-0.230.12-0.110.59-0.23-0.15-0.19-0.30.0-0.13-0.180.07
0.410.780.890.340.460.30.1-0.210.46-0.220.040.520.3-0.22-0.56-0.480.43-0.330.50.610.49-0.64-0.230.52-0.77
0.02-0.2-0.120.04-0.3-0.990.391.0-0.31.00.2-0.3-0.23-0.220.240.52-0.43-0.24-0.32-0.43-0.430.2-0.11-0.360.31
-0.78-0.37-0.64-0.76-0.8-0.29-0.350.24-0.80.24-0.17-0.910.12-0.560.240.290.17-0.12-0.6-0.88-0.830.560.01-0.70.76
-0.23-0.46-0.44-0.2-0.39-0.540.230.52-0.390.520.29-0.43-0.11-0.480.520.29-0.46-0.09-0.77-0.64-0.510.350.37-0.720.53
-0.450.190.17-0.5-0.290.48-0.4-0.41-0.29-0.43-0.270.010.590.43-0.430.17-0.46-0.46-0.020.05-0.17-0.34-0.27-0.03-0.35
0.36-0.07-0.230.40.440.2-0.16-0.260.43-0.24-0.160.01-0.23-0.33-0.24-0.12-0.09-0.460.30.180.390.490.470.280.28
0.690.650.590.670.760.34-0.07-0.320.76-0.32-0.170.7-0.150.5-0.32-0.6-0.77-0.020.30.830.84-0.42-0.090.98-0.57
0.770.530.720.740.860.460.14-0.430.86-0.43-0.050.92-0.190.61-0.43-0.88-0.640.050.180.830.93-0.61-0.070.88-0.82
0.880.560.650.860.970.450.12-0.450.97-0.440.050.84-0.30.49-0.43-0.83-0.51-0.170.390.840.93-0.450.070.89-0.65
-0.33-0.54-0.67-0.29-0.36-0.250.060.18-0.360.20.11-0.670.0-0.640.20.560.35-0.340.49-0.42-0.61-0.45-0.03-0.480.8
0.070.08-0.180.090.110.08-0.46-0.120.11-0.11-0.25-0.08-0.13-0.23-0.110.010.37-0.270.47-0.09-0.070.07-0.03-0.060.21
0.730.650.630.710.80.380.0-0.370.8-0.36-0.120.79-0.180.52-0.36-0.7-0.72-0.030.280.980.880.89-0.48-0.06-0.65
-0.5-0.62-0.83-0.45-0.56-0.37-0.10.3-0.570.310.17-0.820.07-0.770.310.760.53-0.350.28-0.57-0.82-0.650.80.21-0.65
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North Arrow Account Relationship Matchups

North Arrow fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets20.0M20.6M20.1M16.2M17.9M12.5M
Other Current Liab288.1K1.1M904.1K188.4K172.1K257.0K
Total Current Liabilities477.1K1.6M1.7M1.1M1.0M600.2K
Total Stockholder Equity19.5M19.0M18.3M15.0M16.7M11.8M
Property Plant And Equipment Net19.3M19.4M19.0M15.9M17.1M10.8M
Net Debt(484.8K)(680.2K)(467.1K)322.0K143.4K150.6K
Accounts Payable98.4K77.5K317.3K358.7K235.8K270.7K
Cash579.6K1.1M1.0M271.5K428.6K407.1K
Non Current Assets Total19.3M19.4M19.0M15.9M17.4M10.8M
Cash And Short Term Investments651.5K1.1M1.0M274.4K429.8K408.3K
Net Receivables19.8K17.9K61.7K16.1K82.3K53.4K
Common Stock Shares Outstanding106.8M110.9M120.1M126.7M174.0M182.7M
Liabilities And Stockholders Equity20.0M20.6M20.1M16.2M17.9M12.5M
Non Current Liabilities Total4.2K883.057.0K23.9K196.0K113.8K
Total Liab481.3K1.6M1.8M1.1M1.2M704.5K
Total Current Assets704.7K1.2M1.1M296.1K524.0K497.8K
Retained Earnings(23.0M)(23.6M)(25.3M)(29.5M)(30.4M)(28.9M)
Other Stockholder Equity5.3M5.3M5.5M5.8M5.2M9.9M
Short Term Investments71.9K27.5K10K2.9K1.3K1.2K
Accumulated Other Comprehensive Income5.3M5.3M5.5M5.8M6.3M3.9M
Net Tangible Assets19.5M19.0M18.3M15.0M17.3M17.5M
Common Stock37.1M37.2M38.2M38.8M40.8M36.9M
Property Plant Equipment19.3M19.4M19.0M15.9M18.3M16.1M
Other Current Assets33.4K29.9K16.6K5.6K11.9K17.6K
Net Invested Capital19.5M19.4M18.8M15.6M17.2M19.1M
Net Working Capital227.6K(439.6K)(624.1K)(820.6K)(487.7K)(463.3K)
Capital Stock37.1M37.2M38.2M38.8M40.8M41.8M

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